Crypto Capital President Ivan Manuel Molina Lee arrested by Polish authorities on charges of participating in drug group and money laundering operations through Bitfinex.
Crypto Capital is the same company that Bitfinex allegedly entrusted $ 850 million and after that could not return. To cover the loss, the exchange in May sold $ 1 billion in tokens.
It was previously reported that the Polish MinistryJustice confiscated bank accounts in the name of Crypto SP. Z O.O. According to reports, the withdrawn funds in the amount of $ 350 million belonged to Crypto SP. Z O.O. and NESP SP. Z O.O., two companies likely affiliated with Crypto Capital. The confiscation was carried out during the operation against money laundering.
According to the State Prosecutor’s Office, the money laundering operation was “the largest [capture] operation in the history of the Polish prosecutor’s office”.
According to Decrypt, several other major cryptocurrency exchanges, including Binance, Kraken, and BitMEX, have also used Crypto Capital banking services.